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词条 The Grove (Maple Grove, Minnesota)
释义

  1. History

  2. Design

  3. References

  4. External links

{{infobox shopping mall |
| shopping_mall_name = The Grove
| image =
| caption =
| location = Maple Grove, Minnesota, USA
| coordinates = {{Coord|45|7|25|N|93|45|56|W|type:landmark_region:US-MN|display=inline,title}}
| address = 9827 Maple Grove Parkway North
| opening_date = August 2005
| closing_date =
| developer = Ryan Companies US, Inc.
| manager = Welsh Companies
| owner = Hempel Properties
| number_of_stores = (Total spaces: 26, Unoccupied: 12)
| number_of_anchors = 5
| floor_area = {{convert|538,000|sqft|m2|sigfig=2}}
| floors = 1
| website = www.ryancompanies.com
| parking =
|}}

The Grove is a lifestyle center in Maple Grove, Minnesota, a suburb of the Twin Cities. The shopping mall opened in August 2005 and consists of {{convert|538,000|sqft|m2|sigfig=2}} of retail space, with an additional {{convert|600,000|sqft|m2|sigfig=2}} of medical space. The center contains nearly 30 retail tenants and is anchored by Haskell's Liquor, Home Depot, North Memorial Medical Center, Slumberland Furniture, and Super Target. The Grove also contains a medical campus, Maple Grove Hospital.

Since its opening in 2005, the shopping center has dealt with constant vacancy rates, despite the urbanization of Maple Grove and its surrounding communities. Many of the center's tenants are vacant, but vacancy rates have decreased over the years. The center was originally developed and managed by Ryan Companies US, Inc., but was acquired by Hempel Properties in January 2016 for $19.2 million. Currently, the center features national chains, including Chipotle Mexican Grill, Great Clips, and Subway.

History

During development in the early 2000s, the center took up nearly 200 acres of space previously used as farmland.[1] Ryan Companies US, Inc. funded the project, which included the construction of a medical campus and several retail options.[1] Upon completion in August 2005, over 20 retail tenants had been constructed with the majority of them being vacant.[3] Several national retailers announced interest in the center, including Super Target, which announced plans to close their other Maple Grove location.[2] OfficeMax opened a location in 2007, but closed in November 2014 after merging with Office Depot, Inc..[3] Following the closure, only 14 stores remained open at the center.[4]

Throughout the years, several expansions of the property have taken place. Aldi, a discount supermarket, expressed interest in The Grove in 2011, before purchasing a landsite in October of the same year.[5] Ryan Companies funded a second expansion of the medical building in 2014;[6] the new building, located on the south side of the property, contained {{convert|41,810|sqft|m2|sigfig=2}} of rentable medical space.[7] Despite owning the center for nearly a decade, Ryan Companies sold The Grove among other shopping centers to Hempel Properties on January 5, 2016, in hopes of "rais[ing] the occupancy levels" for several properties.[8]

Design

According to the center's developer, the site was "designed to replicate a picturesque village center", complete with a "walkable shopping lifestyle" and "clocktower".[9] The Grove's infrastructure contains several pedestrian trails, parklands, and wetlands, mixed with retail and office space.[1] The architecture of The Grove includes heavy use of windows, similar to that of other office buildings in the Maple Grove community.[7]

References

1. ^{{cite web|author1=Maple Grove Community|title=New Lease Agreements Signed at Grove Health Medical Building|url=http://ryancompanies.com/ryan/press-and-awards-1/New-lease-agreements-signed-at-Grove-Health-Medical-Building/|website=Ryan Companies|accessdate=14 March 2016|date=3 December 2007|deadurl=yes|archiveurl=https://web.archive.org/web/20160315034224/http://ryancompanies.com/ryan/press-and-awards-1/New-lease-agreements-signed-at-Grove-Health-Medical-Building/|archivedate=15 March 2016|df=}}
2. ^{{cite news|last1=Vomhof Jr.|first1=John|title=Company to redevelop Maple Grove Target store for new retail|url=http://www.bizjournals.com/twincities/stories/2007/12/24/story4.html|accessdate=14 March 2016|publisher=Minneapolis/St. Paul Business Journal|date=23 December 2007}}
3. ^{{cite news|last1=Ewoldt|first1=John|title=Twin Cities' Office Depot/Office Max store closings start to leak out|url=http://www.startribune.com/twin-cities-office-depot-office-max-store-closings-start-to-leak-out/270383341/|accessdate=15 March 2016|publisher=Star Tribune|date=8 August 2014}}
4. ^{{cite web|title=The Grove|url=http://www.maplegrovemn.gov/around-the-city/shopping/the-grove/|website=City of Maple Grove|accessdate=15 March 2016}}
5. ^{{cite web|last1=Gilyard|first1=Burl|title=‘Patiently strategic’ Aldi buys Maple Grove site|url=http://finance-commerce.com/2011/10/%E2%80%98patiently-strategic%E2%80%99-aldi-buys-maple-grove-site/|website=Finance & Commerce|accessdate=15 March 2016}}
6. ^{{cite web|title=Company Overview of Ryan Companies US, Inc.|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=4235592|website=Bloomberg Business|accessdate=15 March 2016}}
7. ^{{cite news|last1=Jacobson|first1=Don|title=Hot Property: Grove Health West, Maple Grove|url=http://www.startribune.com/hot-property-grove-health-west-maple-grove/254795341/|accessdate=14 March 2016|publisher=Star Tribune|date=10 April 2014}}
8. ^{{cite news|last1=Painter|first1=Kristen Leigh|title=Hempel buys Richfield, Maple Grove shopping centers, other parcels from Ryan|url=http://www.startribune.com/hempel-buys-richfield-maple-grove-shopping-centers-other-parcels-from-ryan/364301481/|accessdate=14 March 2016|publisher=Star Tribune|date=5 January 2016}}
9. ^{{cite web|title=The Grove Retail Center|url=http://hempelcompanies.com/wp-content/uploads/2016/01/HempelTheGroveRetail.pdf|website=Hempel Companies|accessdate=14 March 2016}}

External links

  • {{official|http://www.ryancompanies.com/projects/the-grove/}}
  • The Grove business directory
{{Twin cities shopping malls}}{{DEFAULTSORT:Grove}}{{Good article}}

7 : Maple Grove, Minnesota|Lifestyle centers (retail)|Shopping malls in Minnesota|Shopping malls established in 2005|Shopping malls in Hennepin County, Minnesota|Tourist attractions in Hennepin County, Minnesota|2005 establishments in Minnesota

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